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Sanjay Ahuja

10th Aug · SEBI-Registered Analyst

RENEWABLE ENERGY STOCK HAVING A STRONG ORDER BOOK AS OF JUN26

India's renewable energy sector is entering a massive execution phase as the government accelerates its push towards 500 Gigawatt (GW) of non-fossil fuel-based installed power capacity by 2030. One such company in the renewable space is $WAAREEENER . The company is an integrated solar energy and energy transition player, and operates across the entire clean energy value chain. It's core business includes the manufacturing of solar PV modules and cells. It's actively expanding into Battery Energy Storage Systems, solar inverters, transformers, green hydrogen electrolysers, and transmission and distribution (T&D) services. It offers EPC and maintenance services. Having a market cap of Rs 78,097 crore, the company has delivered good profit growth of 143% CAGR over last 5 years. Moreover, it has reported strong ROCE and ROE of 38.8% and 32.8% making it a good investment opportunity.

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